Following the conclusion of its global review of the sovereign ratings of 17 major investment-grade 'emerging market' economies, Fitch Ratings downgraded the sovereign ratings of Bulgaria, Hungary, Kazakhstan and Romania, while it affirmed the sovereign ratings of, among others, Poland.
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Kazakhstan is a market that foreign investors and
companies focus on more and more. Main agricultural
products in arable farming are wheat, barley, rice and
cotton. In animal husbandry, the most important
branches are dairy, meat, leather and wool. The country
with an enormous agricultural area in Central Asia has
become an attractive market for foreign suppliers of
agricultural machinery and breeding animals, as national
manufacturers of such machinery do not exist.
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Heineken has established a joint venture with Efes Breweries International N.V. (“EBI”) in order to invest in the Uzbek beer market through the acquisition of breweries.
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BERICAP developed two different sizes of over caps for MAXICAY. Located in Almaty/Kazakhstan, MAXICAY started with tea production, producing locally its own preform and closures in 2004. In 2005 the Kazak company already chose the BERICAP DoubleSeal™ 7056 closure for its hotfilling tea production. In 2006 it switched to the DoubleSeal™ 7060 closure. MAXICAY’s sales skyrocketed in one year being the biggest tea producers in all Kazakhstan.
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Equipment from Husky Injection Molding Systems – more than 50 systems in total – has been a key enabler of expansion for Uniplast, a pre-eminent Eastern European PET (polyethylene terephthalate) converter. Once only local, the company now delivers products to Ukraine, Russia, Azerbaijan, Moldova, Turkmenistan, Uzbekistan, Romania, Serbia, Germany and, soon, Kazakhstan.
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